Binary Brain Wave is a binary options software that I trust and use every single day. If you visit Binary Today frequently you will know that I rarely (if ever) give rave reviews, but this software has won me over.
Today I will provide you with a full review, walk you through how this works and how it will work for you. I will eventually make a full guide on how I use this software as well so stay tuned for that.
This is one review, I assure you, that you don’t want to skip!
Try Binary Brain WaveYour rating: [ratings id=”29368″]
Contents
Binary Brain Wave Introduction
Now I will walk you through my experience with the binary brain wave software.
Click to enlarge (members area screen shot)
Often the process with a new software can be very difficult, but this is not the case with the brain wave. This software comes with a setup file which can be double clicked and will install the software for you. The members area is also very well laid out and provides you with easy to follow descriptions of the installation and how to trade the signals.
Here is a screen shot from the brain wave members area that shows the clickable tabs and areas that can be expanded to show more information.
The bottom line is the installation process is very simple (took me 5 minutes) and you aren’t required to sign up with a broker to gain access to the software. Which is a big plus in my eyes.
Binary Brain Wave Video
In this video I show you the site, the members area, the software, a real signal and live trade.
Binary Brain Wave Signals
The quality of these signals are excellent.
They have a very profound strategy that uses multiple indicators to filter out bad conditions and give you many different options. The strategy uses the 5 minute chart, and sends signals nearly every hour at the same time, 50 minutes after the hour. The expiry time is also 100% specific so you know exactly when to place the trade.
You would get this signal at 23:50 you would place a CALL trade and you would set the expiry for 40 minutes after, in this case 0:30. This makes it very simple to place your trade because there is no work required on your part except for placing the trade.
Binary brain wave signals come in three different ways:
- In MT4 on chart
- In MT4 in experts tab
This way you never miss a signal. Since there are very frequently signals with this software I tend to just trade right off the chart so that I can use my own knowledge in the trading process. In the trade example above we can see that the market is ranging which is when this software is the most effective. They talk about this more in the members area so even though they filter out bad conditions you can spot them yourself as well.
Important aspects of the binary brain wave software:
- Trades 6 Pairs (EUR/USD, AUD/USD, USD/JPY, GBP/USD, EUR/JPY, NZD/USD)
- Provides signals in all sessions
- Free installation and 24/7 support
- No required broker signup
- Provides over 10 signals per day
- Hitting over 80% accuracy for the past two years
- Free upgrades for life and no upsells (one time fee)
My Binary Brain Wave Results
I have been testing this software for the past 6 months and I have had outstanding success. Keep in mind I don’t trade every single signal they provide. I have a family, this web site, my own manual trading and other responsibilities. The stats are provided in W (Wins) – L (Losses).
2013
- October: 14-2
- November: 26-7
- December: 22-4
2014
- January: 25-5
- February: 15-6
- March: 33-6
- April: 15-3
- May: 21-5
- June: 18-2
- July: 22-1
- August: 19-4
- September 21-7
- October 15-4
- November 31-5
- December 14-0
2015
- January 26-8
- February 29-9
- March 22-5
- April 20-1
- May 29-2
- June 18-3
- July 24-2
- August 38-4
- September 20-4
- October 21-5
- November 25-3
- December 17-1
2016
- January 16-3
- February 21-3
- March 26-4
- April 10-0
- May 21-5
- June 35-3
- July 12-3
- August 14-25
- September 8-6
- October 14-7
- November 10-3
- December 21-4
2017
- January 16-0
- February 11-4
- March 12-2
- April 18-3
Overall: 722-163 (83.1% winning)
Binary Brain Wave Conclusion
I am really happy to see a software as strong as the binary brain wave force it’s way onto the market. This is the type of software that all developers should be focused on designing. It is complex in strategy but simple in utility.
I recommend this software officially to all readers of Binary Today. I have gone out of my way to find a discount coupon they will be honoring for the first few copies sold, I will try to get it extended if I can.
15% Off Coupon: BINA-CODF-WAVE
Hi John,
Using a system that have a 80% success rate as with BBW, would it be advisable to increase risk per trade to, say, 10%? I mean afterall the system will ultimately win 8 out 10 trades on average.
Thanks alot Tim.
It helped.
I guess u re in Nigeria. How is the software doing?
hello, I wil like to know what is the current Alpari UK’s MT4 GMT offset? I really do not understand this?
Tim, Nigeria
Hello John!
May be i’m missing something here…time BBW is working with is always GMT?
When (i.e.) i receive a trade signal at 12.50 is it 12.50 GMT?
And it will be 14.50 here in Europe (Rome-Madrid-etc..)
Thanks for helping me John!
Hey John,
I followed the instructions on hoe to set up email alerts but I am not getting any. How do I do it. I want to start trading the signals and post my results on this site
Dear John, Thank you for the great info.Will be buying one of your recommended software apps. Would either one of these apps help in trading the one touch options that brokers offer? Hope to be up and running soon, must walk before running,can’t wait to get started. Been working out of state for to long–but you gotta have a job-mabye this will help!
More for put/call trades Bill, that’s my specialty.
John, which broker do you recommend and if I’ve never opened an account before and I have not used a software before, how easy is it to use and if I need any advice can I pick your brain?
Hi Steven, I recommend going with the top rated broker as rated by the Binary Today community: https://binarytoday.com/best-binary-options-brokers/
hi john!! i downloaded the software its two days now and i’v received only one signal.
and also i tried signing up for the email signal but the site was not opening an i cant sign up, any solution to that?
Hello John,
This is private pls.
I hav been tryin to purchase bbw for a wk nw.. i am in Nigeria. I want to kn if ther is another method of purchasin bbw other than using credit card or paypal. Paypal in’l seems to be having serious technical issues, and i hav a debit card instead.
Pls, John i wil appreciate ur support, i realy need to get the the software.
Thank you in advance
Hello Godwin, I had a similar problem, but if you have a PayPal account http://www.paypal.com/ng and then pay through their PayPal URL http://www.binarybrainwave.com/paypal-order/.
I hope this help.
HI John,
Question for you. How far back do you normally go back when ‘observing’ the prior period when checking if the market is trending or ranging. Example, do you check if its ranging over the past hour…2 hours… a day etc?
Also, based on your experience, when would you say is the best time to trade and which currency/currencies have you had the most success with?
Thanks
Hi Rhaul,
I use all 6 pairs they provide. I also look at about 10-12 hours to determine ranging vs trending. Just right click on your chart and zoom in/out.
Hi John,
Is a 30% consistent monthly growth achievable and realistic using BBW based on a 5% risk per trade?
Yes Desmond, this is achievable.
Hello John,
I decided purchasing bbw, but i need to be reassured..Do u stil use it? How is the perfomance lately?
I wil be relying on your judgements.
Thanks.
Hi Godwin, still going great. Pick it up when you can.
Hi John,
Keep up the good work. I went ahead and bought the software and will also let you know the results. You mentioned and I also saw in the membership area of BBW that they want us to stay away from the ‘trending’ markets. Just wanted to clarify if they still provide the signals and we should know when to avoid them or do they also not send signals for currencies that are trending (the software also says “Filters that avoid trending market conditions, news and session opens” . Just wanted to know so that I can pay even more attention if necessary. Don’t wanna just go jumping into all trades without knowing the potential pitfalls. Thanks
I do follow ranging vs trending. They provide signals in all market conditions, they try to avoid trending but the trader should be able to avoid this with a quick glance of the chart.
John, I stayed for more than 10 days researching almost 100 software forex. Finally this time I decided and bought the software BBW, thanks to your blog.
I’ll let you guys know about my results in the future.
Congratulations for the excellent work you do.
Hallo,
I am a new binary option trader, my broker is Poweroption, first I do not know if this really would work for me, and I would like to get your advice on this can I really use it without MT4 trader software and my broker do not have 50 minutes trades !!
It would work Rushi, it’s 40 minute trades but you are really just setting a 30 minute expiry at the 50 minute mark. Works on all brokers I’ve tried except Nadex.
Thank you John.
Great job.
Hi Ron Giesling,
I can see that you are really making good success in trading with this software.
Please, do trade based on eye check for trending or ranging markets or you have other strategies that you use.